In the early trading session, gold in the Asian market rose, boosted by potential investment demand.

Gold rose in early Asian trading, boosted by potential investment demand. Spot gold rose by 0.6% to $4,102.58 per ounce. Analysis of the "13F" filings of the largest physical gold ETF institutions by Daimler Securities showed an expansion in the range of companies buying gold. Daimler's Daniel Galli stated in a research report that this data also indicates an increasing consensus on the bullish outlook for gold. The senior commodities strategist added that central bank buying behavior may continue as a long-term trend.